Rensselaer Republican, Volume 19, Number 15, Rensselaer, Jasper County, 16 December 1886 — THE RAILWAYS. [ARTICLE]

THE RAILWAYS.

Through a syndicate in New York the' Atchison Company has obtained control of the Chicago. St. Louis and Western Road, which will become a part of the extension from Kansas City to Chicago. Contracts have been made for a large quantity of steel rails, to be laid between Streator and Fort Madison, where the Mississippi will be bridged, under a charter recently purchased. In the vicinity of Richmond, Mo., the Burlington and the Atchison Roads are both surveying air lines to Kansas City. C. R. Cummings, of Chicago, has been elected President of the Laka Erie and Western Road. It is stated that the assessments on the stock yielded over $9(10,000, which will discharge the floating debt and pave the way for the receiver's exit... .The Missouri Pacific stockholders, at a special meeting in St, Louis, voted to increase the capital stock $4,000,000 and the bonded indebtedness $5,000,000. Judge Gresham’s decision in the Wabash litigation and the scathing rebuke he administered to the receivers have given intense satisfaction at St. Louis, where Gould and his ugen’s hold a complete monopoly of the transportation business on both sides of the river... .Articles of incorporation of the Chicago, Santa Fe and California Raiiro id have teen filed with the recorder at Peoria. 111. The capital stock is $30,00’0,000, and the incorporators ore all Chicagoans The Minnesota and Northwestern Road is nt present boycotted by the jobbers and millers of Minneapolis, because it is too much of a St. Paul institution.